Showing 1 - 10 of 103
Thomas Friedman has argued in The World is Flat that those who deny rapid globalization will not survive in the global economy. First, we critically discuss Friedman’s views and highlight the new globalization driven by outsourcing and vertical specialization. Second, we argue that Friedman...
Persistent link: https://www.econbiz.de/10005196306
. Following the decentralization theorem, the devolution of powers should increase aid effectiveness, since local decision …-makers are better informed about local needs. At the same time, decentralization has reverse effects, e.g., through coordination … consider how both anti-poverty instruments - financial assistance and decentralization - work together. …
Persistent link: https://www.econbiz.de/10008572557
This paper empirically studies the impact of decentralization on foreign aid effectiveness. For this purpose, we … decentralization. Our panel estimations reveal that fiscal decentralization negatively impacts aid effectiveness, while measures of … political decentralization have no significant effect or even a positive one. This result is robust for grants and overall ODA …
Persistent link: https://www.econbiz.de/10008572584
This paper analyzes the impact of political and fiscal decentralization on regional inequalities using a unique data … that decentralization decreases regional inequalities in general. However, estimations using an interaction variable … approach imply that the effect depends on the level of economic development. While rich countries benefit from decentralization …
Persistent link: https://www.econbiz.de/10009293485
of regionalism and of worldwide democratization since the late 1980s. …
Persistent link: https://www.econbiz.de/10010877928
trading agreement (RTA) and its institutional design. Empirical results confirm that regionalism should be understood as a …
Persistent link: https://www.econbiz.de/10005766121
This paper studies comprehensive national panel data of local option sales taxes at the monthly frequency. I calculate state-by-month population weighted averages of local sales tax rates. I document ten stylized facts concerning the time series patterns and spatial dynamics of local sales...
Persistent link: https://www.econbiz.de/10010888456
A gradually introduced reform of local government accounting made it temporarily likely for municipalities in the German state of North Rhine-Westphalia to avoid the effective control of their budget by the authorities in charge with overseeing local government budgets and enforcing the existing...
Persistent link: https://www.econbiz.de/10010948868
This paper provides a new data set of regional income inequalities within countries based on satellite nighttime light data. We first empirically study the relationship between luminosity data and regional incomes for those countries where regional income data are available. We subsequently use...
Persistent link: https://www.econbiz.de/10011272626
. Fourth, capital controls, voter turnout and the design of decentralization all shape fiscal interactions; political … competition and fiscal decentralization both increase horizontal tax competition and they decrease vertical tax competition …
Persistent link: https://www.econbiz.de/10009221557